The 18-month-old organization recently leased 4,100 square feet for three years on the fifth floor at 140 58th Street between Second Avenue and the East River, according to the landlord, New York City Economic Development Corporation. The group is about to move into the space, which is part of the army terminal’s micro-manufacturing hub. Asking rents there range from $18 to $22 a square foot, an EDC spokeswoman told Commercial Observer. No brokers were involved in the deal.

FABSCRAP picks up unused and discarded fabrics from designers and recycles much of them into insulation, moving blankets, furniture lining and carpet padding. Any fabric that doesn’t have logos or designs on it is resold in the organization’s warehouse or through its online partner, Queen of Raw. The group collects scraps of cotton, wool, linen, yarn, denim and lace from a broad array of fashion designers and companies, including J.Crew, Eileen Fisher, Marc Jacobs, Nautica and Oscar de la Renta.

The textile recycler currently occupies 2,600 square feet at 184-10 Jamaica Avenue in Jamaica, where it sublets space from lingerie manufacturer Hanky Panky. The outfit is excited because the move will give it more space and better transit access.

“FABSCRAP will now be much more accessible for volunteers and shoppers, and the new space allows us to continue to grow as a resource for the fashion industry,” said Founder Jessica Schreiber. “It’s really cool to be part of this new community—it’s been so inspiring and supportive.”

The micro-manufacturing hub hosts tenants like smoothie maker Green Mustache, vinyl car accessory maker Rvinyl and commercial coffee producer Pour Steady. Rvinyl signed a lease in February and just moved in earlier this month, as CO previously reported.